Beijing Dynamic Power Co Ltd

Dynamic Power announced that the company plans to apply to actual controller Chen Zhimao for a loan facility of no more than 50 million yuan, with a term of no more than one year. The facility can be used on a revolving basis, the interest rate will not exceed the loan prime rate, and no collateral or guarantee is required. The loan will be used for daily operating needs.

On the evening of July 10, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Lifecome Biochemistry clarified that it has no brain-computer interface related businesses or products. Tuojing Technology plans to acquire 82.97% of Wuxi Shangji, 100% of Shanghai Taina Micro, and 100% of Wuxi Kuanxing through a combination of share issuance and cash payment, along with a配套 fundraising, and its shares will resume trading on July 13. Linewell Software has been placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws. Wu Yizhong, the actual controller, chairman, and general manager of Tianyuan Intelligent, has been released from detention. The controlling shareholder of Dynamic Power is set to change to Hongmian Sci-Tech Innovation, with shares resuming trading on the 13th. Rike Chemical plans to acquire 70.75% of Genyuan New Materials, adding new energy battery electrolyte material business, and its shares will resume trading on the 13th. CGN Nuclear Technology plans to raise between 850 million and 1.25 billion yuan through a private placement to its controlling shareholder. Shaanxi Blower Power plans to acquire the remaining 36.06% stake in Qinfeng Gas, with shares resuming trading on the 13th. FiberHome Telecommunication plans to raise no more than 2.913 billion yuan through a private placement and intends to acquire 60% of Fujikura FiberHome for 500 million yuan. China Merchants Energy Shipping plans to spend no more than 1.51 billion yuan to build one bulk carrier and four container ships. The wholly-owned subsidiary of LUSTER LightTech plans to sell no more than 334,800 shares of Zhipu. In terms of performance, CITIC Securities expects its first-half net profit to increase by 69.59% year-on-year, Shannon Semiconductor expects an increase of 2,117.54% to 2,434.34%, and China Vanke expects a loss of 12 billion to 15 billion yuan. A controlling subsidiary of Dongyangguang has signed a computing power service contract worth 13 billion to 15 billion yuan. Monalisa has received a commitment letter for a special repurchase loan of no more than 90 million yuan from a financial institution.

Several listed companies on the Shanghai and Shenzhen stock exchanges released significant positive announcements on the evening of July 10. Tuojing Technology plans to acquire 82.97% equity in Wuxi Shangji and other assets through a combination of share issuance and cash payment, along with raising supporting funds. Trading of its shares will resume on July 13. Sanfu New Materials intends to invest 15 million yuan to participate in establishing a joint venture engaged in the research, development, and production of high-end electronic copper foil. He Zhenya, the controlling shareholder of Dynamic Power, plans to transfer 9% of his shares to Hongmian Science and Technology Innovation. The controlling shareholder will change to Hongmian Science and Technology Innovation, and the actual controller will change to Chen Zhimao. Trading of its shares will resume on July 13. CITIC Securities expects its net profit attributable to the parent company in the first half of the year to be 23.343 billion yuan, a year-on-year increase of 69.59%. Shannon Chuangxin expects its net profit attributable to the parent company in the first half of the year to be between 3.5 billion and 4 billion yuan, a year-on-year increase of 2,117.54% to 2,434.34%. Power Diamond expects its net profit attributable to the parent company in the first half of the year to be between 80 million and 93 million yuan, a year-on-year increase of 208.71% to 258.88%. Sichuan Gold expects its net profit attributable to the parent company in the first half of the year to be between 390 million and 450 million yuan, a year-on-year increase of 86.94% to 115.7%. China Molybdenum expects its net profit attributable to the parent company in the first half of the year to be between 15.5 billion and 16.5 billion yuan, a year-on-year increase of 78.76% to 90.29%. Rongjie Shares expects its net profit attributable to the parent company in the first half of the year to be between 900 million and 1.1 billion yuan, a year-on-year increase of 956.84% to 1,191.69%. Rike Chemical plans to acquire 70.75% equity in Genyuan New Materials, adding a new energy battery electrolyte material business. Trading of its shares will resume on July 13. Shaanxi Blower Power plans to acquire the remaining 36.06% equity in Qinfeng Gas. After the transaction, it will hold 100% of Qinfeng Gas. Trading of its shares will resume on July 13. FiberHome Communications plans to raise no more than 2.913 billion yuan through a private placement and also plans to acquire 60% equity in Fujikura FiberHome for 500 million yuan. A controlling subsidiary of Dongyangguang has signed a computing power service contract worth between 13 billion and 15 billion yuan. Unisplendour expects its net profit in the first half of the year to be between 1.91 billion and 2.32 billion yuan, a year-on-year increase of 83.5% to 122.89%.